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    Question

    ISO 20022 was first launched in India

    by:
    A RBI Correct Answer Incorrect Answer
    B SEBI Correct Answer Incorrect Answer
    C NPCI Correct Answer Incorrect Answer
    D SBI Correct Answer Incorrect Answer
    E Ministry of Finance Correct Answer Incorrect Answer

    Solution

    The NPCI (National Payments Corporation of India) was the first to adopt ISO 20022 for cross-border payments (e.g., UPI, RTGS). This global standard enhances payment messaging efficiency.

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